Bed Bath & Beyond closes 149 more stores: see full list
The latest list of store closures includes Bed, Bath & Beyond stores in 41 states.
WASHINGTON. On Tuesday, Bed Bath & Beyond said it would close 150 more stores as the beleaguered home improvement chain cuts costs in an attempt to stay afloat.
The announcement comes after the Union, New Jersey-based company said it had raised about $1 billion through a placement of preferred shares and warrants to buy the company’s common stock. According to him, the funds will be used to pay off the debt.
The latest closures are occurring in 41 states and include stores in 13 states that were not part of previous store closures announced just a couple of weeks ago. These are Indiana, Louisiana, Maine, Michigan, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, Nevada, Oklahoma, Oregon and Wisconsin.
In early January, Bed Bath & Beyond warned that it might have to file for bankruptcy. A few weeks later, he stated that he had not fulfilled his obligations on loans and did not have enough funds to pay off the debt.
The latest closure of stores is due to the fact that over the past year the chain has sharply reduced its presence.
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According to regulatory documents, the company will close more than 400 stores, which is almost half of its fleet. This includes the remaining 50 offline Harmon Face Value Stores, which sell beauty and home products. The company said it plans to keep 360 namesake stores in addition to 120 BuyBuy Baby stores.
Bed Bath & Beyond also said in a statement that it expects sales at stores open at least a year from now to decline anywhere from 30% to 40% during the first fiscal quarter, with “a consistent quarterly improvement thereafter.”
Bed Bath & Beyond store closures in 2023: complete list of recent closures
Mobile: 3250 Airport Blvd. Suite 100
Dothan: 4863 Montgomery Highway Suite 200
Montgomery: 7971 Eastchase Parkway.
Opelika: 2746 Enterprise Drive
Chandler: 3445 West Frye Road.
Fort Smith: 3955 Phoenix Avenue.
Hot Springs: 1454 Higdon Ferry Road.
Beaumont: 1642 East 2nd Street Marketplace.
Chico: 2101 Martin Luther King Blvd.
Downey: Downey Landing Mall
Elk Grove: 9145 West Stockton Blvd.
San Francisco: 555 9th Street.
San Luis Obispo: 317 Madonna Road.
Santa Ana: 3900 South Bristol Street.
Vacaville: 128 Browns Valley Parkway.
Yorba Linda: 23041 Savi Ranch Parkway.
Dillon: 318 Dillon Ridge Way
Northglenn: 241 West 104th Avenue
Glenwood Springs: Glenwood Meadows Mall
Grand Junction: 2464 US Highways 6 and 50.
Guildford: Boston Post Road, 1919
Manchester: 169B Hale Road.
Norwalk: 542 Westport Ave.
Largo: 10500 Ulmerton Road Suite 310
West Melbourne: 1555 West New Haven Avenue.
Brunswick: 197 Golden Isles Plaza
Canton: 1810 Cumming Highway Suite 850
Cumming: 1545 Marketplace Blvd.
Duluth: 3675 Satellite Blvd.
Gainesville: 1025 Dawsonville Highway.
Moscow: Pullman Road, 1966.
Kildire: 20505 North Rand Road.
Regular: 1700 East College Ave.
Peoria: 4800 North University Street.
Springfield: 3251 Veterans Boulevard South.
South Bloomington: 731 College Mall Road.
ft. Wayne: 4020 West Jefferson Blvd.
Lafayette: 3555 State Road 38 East
Noblesville: 14139 Town Center Boulevard Suite 800
Valparaiso: 91 Silhavy Road
Cedar Rapids: 4840 1st Ave.
Davenport: 4022 East. 53rd street
Sioux City: 5751 Sunnybrook Drive
Shawnee: Shawnee Station
Topeka: Topeka Junction
Wichita: 2441 North Maize Road.
Paducah: 5187 Hinkleville Road.
Huma: 1636 Martin Luther King Boulevard.
Lake Charles: West Prince Lake Road, 1768
Mandeville: 3414 Highway 190
Monroe: 4239 Pecanland Mall Drive.
Shreveport: 7070 Urey Drive
Brunswick: 147 Bath Road
California: 23415 Three Notch Road.
Germantown: 12940 Middlebrook Road.
Hagerstown: 17716 Garland Groh Blvd.
Hadley: 337 Russell Street.
Hudson: 17 Highland Commons East
Leominster: 76 Orchard Hill Park Drive
Attleboro: 1360 South Washington Street North.
Flint: G-3605 Miller Road
Holland: 3050 Beeline Road Suite 30
Okemos: 1982 West Grand River Avenue
Transportation: 5930 South Westnage Avenue.
Westland: 35615 Warren Road
Minnetonka: 11240 Wayzata Blvd.
Rochester: 40 25th Street
Roseville: 2480 North Fairview Avenue Suite 115A.
Tupelo Shopping in Barnes
Columbia: 205 North Stadium Blvd.
Independence: 19950 East Jackson Drive
Joplin: 409 South Geneva Avenue.
Kansas City: 8201 NW Roanridge Road.
Top of Lee: 1648 NW Chipman Road.
St. Louis: 8340 Eager Road (Brentwood Meridian)
Elena: 2027 Cromwell Dixon Lane
Grand Island: 3416 West State Street.
Las Vegas: 7175 Arroyo Crossing Parkway.
Plaistow: 58 Plaistow Road.
Amherst: 123 Route 101A #E
Elizabeth: Jersey Gardens Mall
Manahawkin: 205 Route 72 West
Marlton: 740 Route 73 South
North Brunswick: 871 Route 1 South
Paramus: 300 Ikea Drive
Ramsey: Ramsey Interstate Mall 225
Watchung: 1511 US Highway 22
Las Cruces: 2200 East Loman Ave.
Amherst: 1583 Niagara Falls Boulevard.
DeWitt: 3409 Erie Blvd. East
Northport: 3083 Jericho Turnpike East
Henrietta: 720 Jefferson Road.
New York: 1932 Broadway
New York: 97 Warren Street.
New York: 460 3rd Avenue
Newburgh: 1399 Route No. 300
Victor: 20 Square Drive
Babylon: 825 West Montauk Highway West
Burlington: 1463 University Drive
Greenville: 3160 Evans Street.
Hickory: 1835 Catoba Valley Boulevard SE
Roles: 9521 Strickland Road
Brooklyn: 4766 Ridge Road.
Fairlon: 3750 West Market Street.
Mentor: 9700 Mentor Avenue
Upper Arlington: 1717 West Lane Avenue.
Moore: 2150 South Service Road.
Norman: 620 Ed Noble Parkway
Tulsa: 5352 East Skelli Drive
Tulsa: 7410 South Olympia Avenue.
Clackamas: 12535 SE 82nd Avenue Suite A
Corvallis: 1725 NW 9th Street.
Medford: 1600 North Riverside Avenue (number 1094)
Cranberry Town: 20111 Route 19
King of Prussia: 224 West DeKalb Pike
Mechanicsburg: 6416 Carlisle Pike Suite 2500
Wyoming: 2771 Paper Mill Road Space D
Aiken: 339 Fabian Drive (Hitchcock Plaza)
Colombia: 6090 Garners Ferry Road.
Bristol: 442 Pinnacle Parkway.
Clarksville: 2829 Wilma Rudolph Blvd.
Hermitage: Oakwood Commons
Jackson: 1081 Vann Drive.
Knoxville: Center at Dean Hill
Madison: 2156 Gallatin Road North.
Beaumont: 3975 Dowlen Road.
El Paso: 1327 George Dieter Drive
Mansfield: 1551 North US Hwy 287 (number 701)
Pasadena: 5636 Fairmont Parkway.
Perland: Crossing in 518
San Antonio: Northwest Loop 522
Sherman: 3710 Town Center Street.
Texarkana: 4248 St. Michael Drive
Victoria: Victoria Crossing
Weatherford: 225 Adams Drive Suite 235
Alexandria: 7690 B. Richmond Highway.
Harrisonburg: 283 Burgess Road.
Roanoke: 1421 Town Square Blvd. NW
Bellingham: 4255 Meridian Street
Issaquah: 775 NW Gilman Blvd.
Kennewick: 1220 North Columbia Center Blvd.
Large parachute: 4721 West Grande Market Drive.
Kenosha: 7450 Green Bay Road Suite A
Madison: 4275 Lien Road
Casper: 601 SE Wyoming Boulevard Suite 1124
Cheyenne: 5214 Rue Terre
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texasstandard.news contributed to this report.